Credit Rating Report

Velocity Commercial Capital Loan Trust 2024-2: Rating Report

RMBS

Summary

DBRS, Inc. (Morningstar DBRS) finalized its provisional credit ratings on Velocity Commercial Capital Loan Trust 2024-2, a securitization of a portfolio of newly originated and seasoned fixed and adjustable-rate, first-lien residential mortgages collateralized by investor properties with one to four units (residential investor loans) and small-balance commercial mortgages collateralized by various types of commercial, multifamily rental, and mixed-use properties.

Ratings

  • Date IssuedDebt RatedRatingTrendActionAttributesi
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class AAAA (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class A-IOAAA (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class A-SAAA (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M-1AA (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M1-AAA (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M1-IOAA (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M-2A (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M2-AA (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M2-IOA (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M-3BBB (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M3-ABBB (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M3-IOBBB (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M-4BB (high) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M4-ABB (high) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M4-IOBB (high) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M-5BB (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M5-ABB (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M5-IOBB (low) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M-6B (high) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M6-AB (high) (sf)--Provis.-Final
    US
    11-Apr-24Mortgage-Backed Certificates, Series 2024-2, Class M6-IOB (high) (sf)--Provis.-Final
    US
    More
    Less
Velocity Commercial Capital Loan Trust 2024-2
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:AAA (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:AA (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:A (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BBB (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:BB (low) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:B (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:B (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • Date Issued:Apr 11, 2024
  • Rating Action:Provis.-Final
  • Ratings:B (high) (sf)
  • Trend:--
  • Rating Recovery:
  • Issued:US
  • US = Lead Analyst based in USA
  • CA = Lead Analyst based in Canada
  • EU = Lead Analyst based in EU
  • UK = Lead Analyst based in UK
  • E = EU endorsed
  • U = UK endorsed
  • Unsolicited Participating With Access
  • Unsolicited Participating Without Access
  • Unsolicited Non-participating

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